Commercial and Residential Real Estate for the Greater Phoenix Metro area of Arizona.
Thursday, December 12, 2013
FW: 4th Quarter Newsletter
CENTRAL AZ CCIM CHAPTER
4TH QUARTER - DECEMBER 2013
Dear board, members and sponsors,
Thank you for a year better than I could have imagined! After serving on the board for the past 5 years, it is a bittersweet end to my presidency. Don't get too excited-I am not going anywhere. I will be serving as your Regional Vice President for the next two years! So you won't be getting rid of me that quick.
I'd like to thank all of you who participated in our strategic planning event in 2012 that helped set our future for the upcoming 3 years. Our golf committee, led by Belinda Rosthenhausler, was incredible. Sponsorships have grown and continue to grow. Our education committee, led by Linda Robbins, added lunch & learns. Our scholarship committee, led by Lisa Richardson, reviewed numerous scholarship applications. So many more participated. I can't begin to list them all. And I apologize if I've forgotten someone who deserved mention. Our success is due to all of you and blessings from our Lord shining down on all of us.
This will be a year of dear memories that will last a lifetime! Please get involved with our CCIM Chapter. Attend our monthly meetings. Go to the business meetings in the Spring and Fall. And don't stop at being a member, we need you!
Bobbie Lorraine Mastracci, CCIM
NOVEMBER BREAKFAST MEETING
Over 50 members and guests listened to an enlightening Arizona State Trust Update, led by Jim Adams, Deputy State Land Commissioner, at our November 7 breakfast meeting. If you haven't been attending our monthly breakfast (and on alternate months, lunch) meetings, you've missed a lot this year! Kudos go out to Kevin Sellers and Bobbie Mastracci for bringing us a year filled with awesome breakfast and lunch speakers-our hats are off to you!
A good time was had by all who attended the holiday dinner party at Arizona Country Club on December 5. Board members and sponsors received a plaque from 2013 President Bobbie Mastracci
in recognition of their contributions to the Chapter. One of the benefits from your annual Chapter dues is the holiday party, which is a "no cost to members" event.
DESIGNEE ONLY EVENT
Nearly 60 CCIMs packed into the Ritz Carlton on the evening of October 29 to hear speaker Robert Burchmore's discussion, "Is the surf up-or is it a tsunami?" Bob provided an in-depth analysis of the current economy and trends that will-and are-impacting commercial real estate.
He was very informative and several attendees were overheard remarking, "What a fabulous evening-it's a shame we only have one such annual event for Designees to mix and mingle with other Designees, and hear a speaker who delves a little deeper than our monthly meeting speakers do.
CENTRAL AZ CCIM CHAPTER SPOTTED
Spotted at the RealShare Health Real Estate were Scott Fey, CCIM and Bonnie Halley, CCIM staffing the CCIM booth.
More than 300 of the leading executives in healthcare real estate (including players in the brokerage world, REITs, investment and finance, developers, healthcare real estate and hospital system leaders) are attending this conference, which offered diverse panels of healthcare real estate experts who shared their insights and outlooks for the marketplace.
WANT TO SEE YOUR NEWS OR TRANSACTION IN THE CHAPTER NEWSLETTER?
Send news to
Pat Rogers, CCIM at firstname.lastname@example.org - or call her at 480-266-4483 to discuss. The next newsletter will be done in March 2014, but you can send your news in ANYTIME!
Central AZ CCIM Chapter
Phone - 480272-6837
Email - email@example.com
7650 S. McClintock Dr., Suite 103-372 Tempe, AZ 85284
Prior to his real estate career, Scott was CEO/President NPR Holdings, LLC a radio broadcast investment firm. Scott founded the company, New Planet Radio, in 1998 while based in San Francisco, CA. Under Scott's guidance, the company improved and sold over $70,000,000.00 in US radio assets over a ten-year time frame.
Scott's specialties include discovering investment real estate properties comprising land, office buildings, industrial buildings, and retail centers for investment partners. Omni American's various divisions include brokerage, development, investment, and construction. Omni Ventures, LLC recently closed on the purchase of a 178,956 square foot self land parcel in Pinal County, Arizona for the development of the firm's third self storage facility.
Scott and his wife Dana J. Lyon live in Paradise Valley, Arizona and part-time in Sun Valley, Idaho. Dana and Scott are avid snow skiers and hikers and enjoy the mountains of central Idaho. They have two daughters: Melinda J. Fey lives in Los Angeles, CA and works for BCBG Maxazria Group as a graphic designer; and Sally J. Lake lives in Baltimore, MD, with her son "Coby" Lake and works as director of West Liberty Child Development. Scott was born in Chevy Chase, MD, just outside of Washington, DC and attended the University of Maryland. He holds an Arizona Brokers license and is a CCIM Designee.
SPOTLIGHT ON NEW BOARD MEMBERS
The Chapter is pleased to welcome new members of the board of directors: Steven Crane, Candidate; Jason Eisenberg, CCIM; Peter McSorley,CCIM; and Rick Padelford, CCIM.
Steven K. Crane is an Associate Broker with RE/MAX Excalibur, Commercial Division. A 2012 graduate of University of Phoenix, he has been in the commercial real estate business for 5 years and holds the Accredited Commercial Professional designation. He is in the process of earning his CCIM Designation. He has also been a residential real estate broker and was awarded the coveted Top 10 in RE/MAX's Southwest Region 4 times. Steven holds the following designations: ABR (Accredited Buyers Representative), CRS (Certified Residential Specialist), GRI (Graduate of the REALTOR® Institute), SFR (Short Sale Foreclosure Resource), and RDCPro (REO Default Certified Professional). He previously spent time in the manufacturing engineering business with Air Liquide, Strippit/LVD, and Nissan Forklift Corporation, where he earned the prestigious Employee of the Year Award in 1998. Steven and his wife Yadira have two children: a son (Branden) and daughter (Mitzi). A member of International Council of Shopping Centers and Urban Land Institute, he actively participates in: Arizona Mountaineering Club (Board of Directors and Outing Leader) and is an active mountain bier, rock climber, guitar player and motorcyclist.
Jason Eisenberg is Vice President of Development and Acquisitions at Eisenberg Company. He joined the company in 2004 after graduating from Tulane University with a B.S.M. In Legal Studies in Business. Jason has been involved with site acquisition, development, leasing, pad sales, ground leases, and build-to-suit shopping centers, as well as tenant and landlord representation. He received his CCIM Designation in 2013.
Peter McSorley is involved in investment sales of office and industrial properties with Patriot Commercial Properties. He has been in the commercial real estate business for six years.
Rick, Karen, and Elle Vee
Rick Padelford, CCIM, is with Realty Executives Commercial in Tempe. A 1981 graduate of Arizona State University (Business Administration), he specializes in office, land, and industrial sales and leasing in the Southeast Valley. He has been in the commercial real estate business 26 years and has been a CCIM Designee for five years. He was previously in the resort sales business and "back in the day" did restaurant work. Rick and his wife Karen enjoy hanging out at the cabin in Pinetop, hiking, golf, and reading.
The Chapter also welcomes back to the board returning officers; David Miller, CCIM, (vice president); Bonnie Halley, CCIM, (secretary/treasurer); and immediate past president, Bobbie Mastracci, CCIM; and returning board members: Alan Davidson, CCIM; Linda Robbins, CCIM; Pat Rogers, CCIM; and Marco Zazueta, Candidate.
CHAIRS NAMED FOR 2014 CHAPTER COMMITTEES
The following individuals have agreed to chair committees for 2014: Legislative, Alan Davidson, CCIM; Education: Linda Robbins, CCIM; Candidate Guidance: Bonnie Halley, CCIM; Designation: David Miller, CCIM; Scholarship: Lisa Richardson, CCIM; Membership: Steven Crane and Janette Bennett; and Programs/Speakers: David Miller, Scott Fey, and Kevin Sellers. Please contact any of these individuals directly if you'd like to be involved with their committees.
Andrew Cheney, CCIM, and Craig Coppola, CCIM, of Lee & Associates represented Mainspring Capital in the 10-year, more than $24 million lease renewal of the 93,753 SF Corporate at Pima Center Building C in Scottsdale. Cheney and Coppola also represented Yarvek, LLC in the more than $11.5 million sale of the 73,377 SF Cotton Corporate Center building in Phoenix to Mutual of Omaha. Congratulations, Andrew and Craig!
Nick Miner, CCIM, of Orion Investment Real Estate recently closed on the $5,200,000 sale of the Atrium Shoppes at Hamilton Place Mall in Chattanooga, TN. Nick represented the seller, Shoppes at Atrium, LLC. The buyer, Li Group Three, LLC, was self-represented. Way to go Nick!
Barry Lammersen of Lammersen & Associates reports the recent sale of two properties. Laguna Holdings, LLC purchased 7000 E 1st Avenue, Scottsdale AZ for $2,150,000. The 7,707 SF office/retail property was sold by Blue Sky on 1st, LLC. Also, 350 N Pennington, LLC, a 1031 investor, purchased 350 N Pennington, Chandler AZ, a 6,575 SF property for $1,650,000. Use will be a Childtime Child Care Center. CC Multi Limited Partnership was the seller. Lammersen represented the seller in both transactions. Congratulations, Barry!
Patriot Commercial Properties
is pleased to announce that Paul Blum, JD, CCIM, has joined the company as part of the commercial brokerage team.
Chapter member Neal Churney, CCIM, of Johnson Capital is one of the featured speakers at the RealShare Phoenix Metro event on December 12 at the Phoenician. For further information go to www.globest.com/events.
LUNCH AND LEARN
Mark your calendar for the first "Lunch and Learn" event of 2014. On January 28, Howard J. Weiss, attorney with Nussbaum, Gillis, and Dinner, PC will be the speaker. Special thanks to Andrea Castilla with First Scottsdale for being our lunch sponsor. Lunch and Learn events are open to MEMBERS ONLY and cost only $10. Future events will be held on the 4th Tuesday of each month (except July and December) at NAI Horizon, 2944 N 44th Street, Suite 200. Lunch and dessert sponsorship opportunities are available. Please contact Linda Robbins at 602-390-7262.
The CCIM Institute offers both classroom and online courses. In 2014, the Chapter will offer two CI 101 classes (February 10-13 and November 10-13) and one CI 104 class (June 9-12). For additional information, visit our web site at www.ccim.com
SCHOLARSHIP WINNERS ANNOUNCED
Congratulations to the following recipients of scholarships to 2014 CI classes:
Jami Callelonga with CBRE received a scholarship that may be used for a CI 102, CI 103, or CI 104 class
Matt Fitz-Gerald (Colliers), Phil Tomlinson (CPI) and Alexandra Loye (NAI Horizon) each received a scholarship to be used for a CI 101 class.
Congratulations all! We look forward to your completion of the entire CCIM program!
CENTRAL AZ CCIM MEMBERS HELPING OUT AT HABITAT FOR HUMANITY
Thank you, Bobbie Mastracci, CCIM with Phoenix West Commercial; Sean Bishop, CCIM and
Mark Macias with MiddleFork Commercial;
Mark Keller, CCIM with SRP; Patrick O'Sullivan, CCIM, Michael Wong and Zack Mishkin with Gerhick Real Estate; Linda Robbins, CCIM with GPE Companies; Jeff Keen, CCIM with Cole Capital; Brian Gaffney with SJ Fowler and Marcia Karasek with Old Republic Title.